Business Africa
US suspends Rwanda’s duty-free Agoa clothing
The U.S. has suspended duty-free access to Rwandan textile imports from Rwanda under the African Growth and Opportunity Act (Agoa). The U.S. Trade Representative’s office review was in response to a complaint by the U.S. textile industry over a decision by three East African nations,Rwanda, Tanzania and Uganda to ban importation of used clothes and shoes.
Rwanda is ranked second in Africa, behind Mauritius, in the World Bank’s 2018 Doing Business report.
China-US trade war
China suspended tariff concessions on 128 items of U.S. products including pork and fruits, starting early this week. China says it was a counter measure to a previous U.S. move to slap tariffs on their steel and aluminum imports. But what impact will this trade war between these economic giants have on the continent?
The Communist Party-state economy is now Africa’s biggest trading partner and rivals the US and other world powers. Chinese investment, extraction of resources and trade jumped tenfold in the first decade of this century.
Go to video
Nigerian court has sentenced a Chinese man to death for killing his girlfriend
01:38
Congo's President Denis Sassou-Nguesso seeks to foster global peace
01:58
Putin addresses French president's concerns over Russian presence in Africa
01:08
African airlines mark fourth consecutive year
01:19
Namibian President Hage Geingob laid to rest at Heroes’ Acre cemetery after state funeral
Go to video
Jubilant Ivory Coast fans take to streets to celebrate Africa Cup of Nations win